Gross Fixed Capital Formation Deflator — Value Standard Local in Cuba
Cuba: Gross Fixed Capital Formation Deflator — Value Standard Local was 1.48 % change on previous year in 2024. ◆ Volatile
Gross Fixed Capital Formation Deflator — Value Standard Local in Cuba, 1971–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
The most recent figure for gross fixed capital formation deflator — value standard local in Cuba is 1.48 % change on previous year, measured in 2024.
Compared with earlier readings it is down 97.7% on the previous year and up 130.6% over ten years.
Over the whole period, gross fixed capital formation deflator — value standard local in Cuba peaked at 63.45 % change on previous year in 2023 and was at its lowest, -12.67 % change on previous year, in 2009.
Cuba ranks 154th of 208 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Gross Fixed Capital Formation Deflator — Value Standard Local in Cuba, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1971 | 11.84 % change on previous year | — |
| 1972 | 6.98 % change on previous year | -41.0% |
| 1973 | 3.3 % change on previous year | -52.7% |
| 1974 | 11.91 % change on previous year | +260.6% |
| 1975 | 4.05 % change on previous year | -66.0% |
| 1976 | 0.5864 % change on previous year | -85.5% |
| 1977 | -3.99 % change on previous year | -779.7% |
| 1978 | 9.53 % change on previous year | -339.0% |
| 1979 | 2.97 % change on previous year | -68.8% |
| 1980 | 3.49 % change on previous year | +17.3% |
| 1981 | -0.878 % change on previous year | -125.2% |
| 1982 | -1.24 % change on previous year | +41.7% |
| 1983 | 1.65 % change on previous year | -232.2% |
| 1984 | 1.88 % change on previous year | +14.4% |
| 1985 | -12.12 % change on previous year | -744.1% |
| 1986 | 15.91 % change on previous year | -231.2% |
| 1987 | -1.31 % change on previous year | -108.2% |
| 1988 | -3.85 % change on previous year | +194.3% |
| 1989 | -3.57 % change on previous year | -7.3% |
| 1990 | 1.46 % change on previous year | -141.0% |
| 1991 | -3.94 % change on previous year | -369.2% |
| 1992 | 7.76 % change on previous year | -296.8% |
| 1993 | 24.78 % change on previous year | +219.4% |
| 1994 | 5.27 % change on previous year | -78.7% |
| 1995 | 2.23 % change on previous year | -57.6% |
| 1996 | 15.23 % change on previous year | +581.4% |
| 1997 | -3.46 % change on previous year | -122.7% |
| 1998 | 0.5152 % change on previous year | -114.9% |
| 1999 | -0.3005 % change on previous year | -158.3% |
| 2000 | 0.6748 % change on previous year | -324.6% |
| 2001 | -3.12 % change on previous year | -561.7% |
| 2002 | -1.22 % change on previous year | -60.8% |
| 2003 | 2.61 % change on previous year | -313.8% |
| 2004 | 2.52 % change on previous year | -3.4% |
| 2005 | -2.1 % change on previous year | -183.4% |
| 2006 | -0.3845 % change on previous year | -81.7% |
| 2007 | 1.06 % change on previous year | -375.7% |
| 2008 | 7.74 % change on previous year | +630.6% |
| 2009 | -12.67 % change on previous year | -263.6% |
| 2010 | 6.45 % change on previous year | -150.9% |
| 2011 | -8.81 % change on previous year | -236.5% |
| 2012 | 0.6464 % change on previous year | -107.3% |
| 2013 | 5.43 % change on previous year | +739.4% |
| 2014 | -4.82 % change on previous year | -188.8% |
| 2015 | 10.56 % change on previous year | -319.1% |
| 2016 | 0.373 % change on previous year | -96.5% |
| 2017 | 14.95 % change on previous year | +3908.4% |
| 2018 | 12.69 % change on previous year | -15.1% |
| 2019 | 1.66 % change on previous year | -86.9% |
| 2020 | -5.49 % change on previous year | -430.4% |
| 2021 | -5.99 % change on previous year | +9.2% |
| 2022 | -5.32 % change on previous year | -11.3% |
| 2023 | 63.45 % change on previous year | -1293.3% |
| 2024 | 1.48 % change on previous year | -97.7% |
Biggest year-on-year movements
Years where Gross Fixed Capital Formation Deflator — Value Standard Local in Cuba changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2017 | +3908.4% | 0.373 % change on previous year | 14.95 % change on previous year |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1970s | 5.24 % change on previous year | -3.99 % change on previous year | 11.91 % change on previous year | 9 |
| 1980s | -0.0048 % change on previous year | -12.12 % change on previous year | 15.91 % change on previous year | 10 |
| 1990s | 4.95 % change on previous year | -3.94 % change on previous year | 24.78 % change on previous year | 10 |
| 2000s | -0.4879 % change on previous year | -12.67 % change on previous year | 7.74 % change on previous year | 10 |
| 2010s | 3.91 % change on previous year | -8.81 % change on previous year | 14.95 % change on previous year | 10 |
| 2020s | 9.63 % change on previous year | -5.99 % change on previous year | 63.45 % change on previous year | 5 |
Countries ranked near Cuba
- 151 Saint Lucia 1.57 % change on previous year compare
- 152 Andorra 1.55 % change on previous year compare
- 153 Georgia 1.49 % change on previous year compare
- 155 New Caledonia 1.38 % change on previous year compare
- 156 France 1.35 % change on previous year compare
- 157 Belgium 1.33 % change on previous year compare
More economy & growth data for Cuba
- General government final consumption expenditure (current US$) 25.1 % change on previous year (2020)
- General government final consumption expenditure (current US$), per 0.3885 current US$ per US$ of GDP (2020)
- General government final consumption expenditure (current US$), per 3,731 current US$ per person (2020)
- General government final consumption expenditure (current LCU) 21.52 % change on previous year (2024)
- General government final consumption expenditure (current LCU), per 0.3885 current LCU per US$ of GDP (2020)
- General government final consumption expenditure (current LCU), per 24,524 current LCU per person (2024)
- General government final consumption expenditure (constant 2015 US$) -7.43 % change on previous year (2024)
- General government final consumption expenditure (constant 2015 US$) 0.2523 constant 2015 US$ per US$ of GDP (2020)
- General government final consumption expenditure (constant 2015 US$) 2,335 constant 2015 US$ per person (2024)
- Households and NPISHs Final consumption expenditure (current US$) -3.88 % change on previous year (2020)
Frequently asked questions
- What is gross fixed capital formation deflator — value standard local in Cuba?
- Gross fixed capital formation deflator — value standard local in Cuba was 1.48 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest gross fixed capital formation deflator — value standard local recorded in Cuba?
- The highest recorded value was 63.45 % change on previous year in 2023.
- What is the lowest gross fixed capital formation deflator — value standard local recorded in Cuba?
- The lowest recorded value was -12.67 % change on previous year in 2009.
- How does Cuba rank for gross fixed capital formation deflator — value standard local?
- Cuba ranks 154th out of 208 countries with data for 2024.
- Is gross fixed capital formation deflator — value standard local rising or falling in Cuba?
- Over the last ten years it is up 130.6%. The long-run trend across the full record is volatile.
- Where does this Cuba data come from?
- The figures come from Statizoid (derived), published as part of Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices, annual growth rate. Statizoid updates them automatically from the source API.
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CSV · JSON — 54 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Gross Fixed Capital Formation Deflator — Value Standard Local Food and Agriculture Organization of the United Nations
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Gross Fixed Capital Formation Deflator — Value Standard Local Currency, 2015 prices. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.